LA fires Wholesalers Beware

[Jay Hinrichs]

Just got this bulletin From the DRE in CA.   it is illegal to offer Less than fair market value of any property in the fire area that is less than what the value was as of Jan. 6 2025.  Fines and imprisonment if violated. Plus I dont think any contract would hold up if a seller wanted out.

this goes for unsolicited  yellow letters/ robo calls / robo text style of marketing.  Its affective till March 14, 2025.  so short window I suspect the marketing will start in earnest on March 15th though !!!

@James Wise@James Hamling@Steve K.

@Scott Trench   

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